Inventory Control Buyer
Luxury Brand Holdings (Ross-Simons)
America’s Favorite Jeweler, Ross-Simons (a division of Luxury Brand Holdings), is seeking an Inventory Buyer based in our Cranston, RI office. The Inventory Buyer is responsible for forecasting and procuring Ross-Simons’ direct-to-consumer jewelry assortment from both domestic and international suppliers. Success in this role is measured by the achievement of sales objectives and the maintenance of in-stock requirements for assigned jewelry categories. This position offers an excellent opportunity for an individual with strong analytical and technical skills, business acumen, and a passion for consumer products. This role is hybrid (in office 4 days) and reports to the Director of Supply Chain.
Job Responsibilities:
- Forecast jewelry sales at the SKU and channel using demand planning software (Tagetik) and issue purchase orders to vendors. Achieve inventory KPIs, including turnover and in-stock levels, for approximately 5,000 SKUs.
- Develop and strengthen vendor partnerships by managing and negotiating projection updates, discounts, compliance, and handling order releases, cancellations, and prioritizing shipment needs.
- Actively manage on-hand inventory and open orders to address overstock situations, including identifying and disposing of excess merchandise.
- Collaborate with Marketing and Merchandising to maximize inventory utilization in marketing campaigns, new product introductions, and other strategic initiatives.
Experience and Required Qualifications:
- Bachelor’s degree or 1-2 years of related experience.
- Preferred experience in direct-to-consumer and multi-channel purchasing/inventory planning.
- Strong organizational skills, attention to detail, and proficiency in MS Office applications.
- Ability to handle multiple projects, meet deadlines independently, and make informed decisions quickly.
- Team player with a customer-focused approach, both internally and externally.
LBH is an Equal Opportunity Employer M/F/V/D
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